Grant Avenue Capital Acquires Performance Home Medical

Viemed Healthcare Acquires Home Medical Products, Inc.

April 18, 2023

Healthcare Services

Viemed Healthcare, a national provider of in-home respiratory care and home medical equipment, entered into a definitive agreement to acquire Tennessee-based Home Medical Products, Inc. (HMP). The transaction, expected to close in June 2023 for approximately $31.75 million (subject to customary adjustments), expands Viemed's regional footprint and complements its technology-enabled post-acute respiratory services.

Pediatric Home Service Acquires Craig HomeCare and Cherub Medical Supply

July 18, 2022

Healthcare Services

Pediatric Home Service (PHS), an InTandem Capital Partners portfolio company, expanded its pediatric home-care platform into Kansas, Missouri and Nebraska by bringing Craig HomeCare and Cherub Medical Supply into its unified service offering. The deals add pediatric nursing, respiratory therapy and durable medical equipment capabilities to PHS’s network to provide a coordinated home-care solution for medically complex children.

Grant Avenue Capital Acquires Valeo Home Health and Hospice

January 26, 2021

Healthcare Services

Grant Avenue Capital acquired a majority interest in Valeo Home Health and Hospice, a Salt Lake City–based provider of home health and hospice services, from Eduro Healthcare. The transaction launches Grant Avenue Capital's home-based care buy-and-build initiative, with certain individual shareholders of Eduro retaining a minority stake in Valeo.

Grant Avenue Capital Acquires QHR Health from Quorum Health Corporation

June 1, 2021

Healthcare Services

Grant Avenue Capital, with co-investors Nashville Capital Network and Brentwood Capital Partners, acquired a majority interest in QHR Health from Quorum Health Corporation. QHR Health — a shared-services provider for independent, critical access and rural hospitals — will operate as an independent, growth-oriented platform focused on technology-enabled shared services, revenue cycle management, supply chain optimization and outsourced IT, with Grant Avenue planning organic investment and add-on acquisitions to expand capabilities.

Quipt Home Medical Acquires Access Respiratory Homecare

June 21, 2022

Healthcare Services

Quipt Home Medical Corp. (Quipt) acquired Access Respiratory Homecare, LLC, adding two Louisiana locations and approximately $6.5 million in annualized revenue and an expected $1.3 million of adjusted EBITDA post-integration. The deal expands Quipt’s service footprint into Louisiana (New Orleans and Lafayette), increases its active patient base and referring physician network, and brings a management team with specialized respiratory capabilities and insurance contracts.

Grant Avenue Capital Acquires Heartland Rehabilitation and MileStone from HCR ManorCare

February 4, 2020

Healthcare Services

Grant Avenue Capital acquired the Heartland Rehabilitation and MileStone businesses from HCR ManorCare and combined them under the new brand H2 Health. The deal (terms not disclosed) creates a platform that operates more than 60 outpatient rehabilitation facilities across multiple states and a national clinical staffing business; Kiawah River Health Partners co-invested in the transaction.